Ethyl Acrylate Price in Mexico
- Mexico: 1705 USD/MT
This increasing demand, along with low supply and greater use of already-existing inventory, led to a considerable price increase, reaching 1705 USD/MT.
The latest report by IMARC Group, titled "Ethyl Acrylate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data," provides a thorough examination of ethyl acrylate prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Ethyl Acrylate Prices Analysis:
- Mexico: 1705 USD/MT
- Japan: 1460 USD/MT
- Germany: 1815 USD/MT
- Brazil: 1715 USD/MT
Report Offering:
- Monthly Updates: Annual Subscription
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The study delves into the factors affecting ethyl acrylate price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/ethyl-acrylate-pricing-report/requestsample
Ethyl Acrylate Price Trend- Last Quarter
In Q2 2024, the North American ethyl acrylate market saw a significant upward trend driven by strong demand from construction, paint, and coatings sectors. This demand was coupled with rising feedstock costs, including acrylic acid and ethanol, which increased production expenses. Economic factors, particularly high inflation, further escalated operational costs, contributing to the bullish market sentiment. In the USA, the peak construction season during the warmer months supported demand, leading to a notable 15% year-over-year price increase. Quarterly, prices rose by 4%, with a steady upward trend observed throughout the quarter. The first half of the quarter experienced a 3% price increment compared to the second half, reflecting ongoing growth.
Ethyl Acrylate Industry Analysis
In the Asia Pacific region, Q2 2024 exhibited a predominantly bearish market sentiment due to weak demand from downstream sectors such as paint and coatings. Regulatory changes and logistical challenges, such as port congestion and supply chain disruptions, further influenced market conditions. In Japan, significant price declines were noted, with a 24% drop compared to the same quarter last year and a 9% decrease from the previous quarter. Seasonal demand fluctuations and strategic inventory management contributed to the market's volatility. Despite these challenges, the quarter ended with prices showing a minor increase of 1% between the first and second halves.
Europe's market in Q2 2024 experienced notable fluctuations influenced by rising ethanol prices and varying demand dynamics across downstream sectors. Economic optimism from European Central Bank interest rate cuts and supply chain disruptions, including labor strikes and inventory management issues, played a role in market conditions. Germany saw significant price volatility, with a 13% year-over-year price drop and a modest 2% decline from the previous quarter. The first and second halves of the quarter showed minimal price shifts of 1%, reflecting a stable market environment amid fluctuating production costs and supply chain challenges.
In South America, the ethyl acrylate market experienced an upward trend in Q2 2024, driven by increased demand from construction, paint, and coatings sectors. Rising feedstock costs and high inflation, exacerbated by severe floods impacting logistics and freight charges, further elevated production expenses. Despite these challenges, the market showed bullish sentiment, supported by strong downstream demand and logistical disruptions. Prices increased by 4% from the previous quarter, reflecting the overall positive market dynamics.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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